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Cartis diligence evidence schedule

IREN Childress Horizon AI Data Center Campus

PRJ-0717 · Site · Childress, Texas, United States

Record last updated Oct 28, 2026

Scope and capacity

IREN announced on August 13, 2026 that Horizon 1 had been delivered to and accepted by Microsoft, representing the first 50 MW IT deployment in the four-part Horizon program. The 200 MW contracted critical IT scope across Horizon 1–4 does not mean all four deployments are operational. IREN is delivering four Horizon data centers at its Childress campus under a multi-year Microsoft agreement. Horizon 1–4 collectively provide 200 MW of contracted critical IT load within the broader 750 MW campus. IREN, Microsoft is associated with the development in Childress, Childress County, TX, US. The disclosed development scope includes 200 MW contracted critical IT across Horizon 1–4; 750 MW broader campus; phased deployment through 2026. Power and physical infrastructure include liquid-cooled GPU data centers within IREN’s Childress power campus. IREN states Horizon 1–4 will collectively provide 200 MW of critical IT load under the Microsoft agreement.

Headline: 200 MW Contracted

Numbers refer to their stated physical boundaries and are not added together. Source dates, claim dates and record updates have different meanings. Missing dates and locators are not inferred.

Location context · IREN Childress campus | Childress | Texas

Actual · IREN Childress Horizon AI Data Center Campus (Project)

Claim 58008 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. IREN signs Microsoft AI cloud infrastructure agreement

    IREN · Document date: Nov 3, 2025 · Primary

    Source reference: SRC-3181 · Company announcement · Recorded authority: Party primary

    Source URL

    https://iren.com/resources/blog/iren-signs97-billion-agreement-with-microsoft-to-deploy-ai-cloud-infrastructure

Lifecycle status · Construction

Actual · IREN Childress Horizon AI Data Center Campus (Project)

Claim 58009 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. IREN signs Microsoft AI cloud infrastructure agreement

    IREN · Document date: Nov 3, 2025 · Primary

    Source reference: SRC-3181 · Company announcement · Recorded authority: Party primary

    Source URL

    https://iren.com/resources/blog/iren-signs97-billion-agreement-with-microsoft-to-deploy-ai-cloud-infrastructure

Reported capacity · 200 MW

Actual · IREN Childress Horizon AI Data Center Campus (Project)

Claim 58010 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

Headline treatment: Separate claim, not added to the headline

  1. IREN signs Microsoft AI cloud infrastructure agreement

    IREN · Document date: Nov 3, 2025 · Primary

    Source reference: SRC-3181 · Company announcement · Recorded authority: Party primary

    Source URL

    https://iren.com/resources/blog/iren-signs97-billion-agreement-with-microsoft-to-deploy-ai-cloud-infrastructure

Capacity basis · IREN states Horizon 1–4 will collectively provide 200 MW of critical IT load under the Microsoft agreement.

Actual · IREN Childress Horizon AI Data Center Campus (Project)

Claim 58011 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. IREN signs Microsoft AI cloud infrastructure agreement

    IREN · Document date: Nov 3, 2025 · Primary

    Source reference: SRC-3181 · Company announcement · Recorded authority: Party primary

    Source URL

    https://iren.com/resources/blog/iren-signs97-billion-agreement-with-microsoft-to-deploy-ai-cloud-infrastructure

Location context · IREN Childress campus | Childress | Texas

Actual · IREN Childress Horizon AI Data Center Campus (Project)

Claim 111495 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. IREN signs Microsoft AI cloud infrastructure agreement

    IREN · Document date: Nov 3, 2025 · Primary

    Source reference: SRC-3181 · Company announcement · Recorded authority: Party primary

    Source URL

    https://iren.com/resources/blog/iren-signs97-billion-agreement-with-microsoft-to-deploy-ai-cloud-infrastructure

Lifecycle status · Construction

Actual · IREN Childress Horizon AI Data Center Campus (Project)

Claim 111496 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. IREN signs Microsoft AI cloud infrastructure agreement

    IREN · Document date: Nov 3, 2025 · Primary

    Source reference: SRC-3181 · Company announcement · Recorded authority: Party primary

    Source URL

    https://iren.com/resources/blog/iren-signs97-billion-agreement-with-microsoft-to-deploy-ai-cloud-infrastructure

Reported capacity · 200 MW

Actual · IREN Childress Horizon AI Data Center Campus (Project)

Claim 111497 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

Headline treatment: Selected headline

  1. IREN signs Microsoft AI cloud infrastructure agreement

    IREN · Document date: Nov 3, 2025 · Primary

    Source reference: SRC-3181 · Company announcement · Recorded authority: Party primary

    Source URL

    https://iren.com/resources/blog/iren-signs97-billion-agreement-with-microsoft-to-deploy-ai-cloud-infrastructure

Capacity basis · IREN states Horizon 1–4 will collectively provide 200 MW of critical IT load under the Microsoft agreement.

Actual · IREN Childress Horizon AI Data Center Campus (Project)

Claim 111498 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. IREN signs Microsoft AI cloud infrastructure agreement

    IREN · Document date: Nov 3, 2025 · Primary

    Source reference: SRC-3181 · Company announcement · Recorded authority: Party primary

    Source URL

    https://iren.com/resources/blog/iren-signs97-billion-agreement-with-microsoft-to-deploy-ai-cloud-infrastructure

Development scale · 200 MW contracted critical IT across Horizon 1–4

Actual · IREN Childress Horizon AI Data Center Campus (Project)

Claim 111515 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. IREN investor disclosures

    IREN · Document date: Aug 27, 2026 · Corroborating

    Source reference: SRC-6266 · Fact sheet · Recorded authority: Official primary

    Source URL

    https://iren.com/investors

  2. IREN signs Microsoft AI cloud infrastructure agreement

    IREN · Document date: Nov 3, 2025 · Primary

    Source reference: SRC-3181 · Company announcement · Recorded authority: Party primary

    Source URL

    https://iren.com/resources/blog/iren-signs97-billion-agreement-with-microsoft-to-deploy-ai-cloud-infrastructure

Development milestone · 750 MW broader campus

Actual · IREN Childress Horizon AI Data Center Campus (Project)

Claim 111516 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. IREN investor disclosures

    IREN · Document date: Aug 27, 2026 · Corroborating

    Source reference: SRC-6266 · Fact sheet · Recorded authority: Official primary

    Source URL

    https://iren.com/investors

  2. IREN signs Microsoft AI cloud infrastructure agreement

    IREN · Document date: Nov 3, 2025 · Primary

    Source reference: SRC-3181 · Company announcement · Recorded authority: Party primary

    Source URL

    https://iren.com/resources/blog/iren-signs97-billion-agreement-with-microsoft-to-deploy-ai-cloud-infrastructure

Power arrangement · Phased deployment through 2026.

Actual · IREN Childress Horizon AI Data Center Campus (Project)

Claim 111517 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. IREN investor disclosures

    IREN · Document date: Aug 27, 2026 · Corroborating

    Source reference: SRC-6266 · Fact sheet · Recorded authority: Official primary

    Source URL

    https://iren.com/investors

  2. IREN signs Microsoft AI cloud infrastructure agreement

    IREN · Document date: Nov 3, 2025 · Primary

    Source reference: SRC-3181 · Company announcement · Recorded authority: Party primary

    Source URL

    https://iren.com/resources/blog/iren-signs97-billion-agreement-with-microsoft-to-deploy-ai-cloud-infrastructure

Site configuration · IREN Childress campus | Childress | Texas

Actual · IREN Childress Horizon AI Data Center Campus (Project)

Claim 111518 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. IREN investor disclosures

    IREN · Document date: Aug 27, 2026 · Corroborating

    Source reference: SRC-6266 · Fact sheet · Recorded authority: Official primary

    Source URL

    https://iren.com/investors

  2. IREN signs Microsoft AI cloud infrastructure agreement

    IREN · Document date: Nov 3, 2025 · Primary

    Source reference: SRC-3181 · Company announcement · Recorded authority: Party primary

    Source URL

    https://iren.com/resources/blog/iren-signs97-billion-agreement-with-microsoft-to-deploy-ai-cloud-infrastructure

Counterparties and capital

IREN · Operator · CMP-1456

Microsoft · Tenant · CMP-0017

This schedule captures public Cartis research. It is not a title, lien or legal-opinion report. Document page/section locators and claim review timestamps are included only when published; this version has no separate locator or claim-review-time feed.